According to the data from the Property Data and Research Center of Midland Realty, there were no new applications for pre-sale consent in June, the first since February last year. The number of new applications in the first half of the year was only 7,303, down 46.1% year-on-year and a two-year low. On the other hand, DTZ yesterday expected that the second half of the year, developers continue to actively promote to the goods, and to close to the second-hand price of the opening and the introduction of different concessions to attract customers, the annual increase in property prices between 3% to 7%.

Approved pre-sale properties, June only Xindi Kai Tak Coordination Road, No. 10 Tianxi - Tiandi Phase 1 was approved, involving 906 units, a 49.3% drop from May. The total number of units approved for pre-sale in the first half of the year was 6,980, a 34.9% year-on-year decrease and a 2-year low.

The total number of new units approved for pre-sale in the first half of the year is still over 12,000 units, but some of them have already been deployed for launch in the near future, including Wong Chuk Hang Station Phase 4A and Hung Shui Kiu Hui Du I. Meanwhile, the cumulative number of units to be approved for pre-sale fell back to 21,840 units, down about 4% month-on-month, but still at a high level. Still at a high level.

On the other hand, DTZ Executive Director Deng Shuxian yesterday predicted that the high interest rate environment will continue for some time in the second half of the year, while the stock market volatility, geopolitical instability and slow recovery of the external economy are inhibiting buyers' sentiment to enter the market, it is expected that the second half of the year, developers continue to actively push to go to the goods, close to the second-hand price of the opening and the introduction of different concessions to attract customers, it is believed that the small and medium-sized properties below $10 million are the most sought after by buyers, the secondary market is The secondary market is relatively slow. Property prices rose between 3% and 7% throughout the year, and residential transactions rose 10% to 15% year-on-year to about 50,000 units.

In addition, the full resumption of customs clearance coupled with the importation of talent program, led to a cumulative increase of 4% in rentals over the past four months, the bank believes that the short-term rental trend will be more stable than the trend of property prices.